Investment Rating - The report maintains a "Strong Buy" rating for the company [1][10]. Core Views - The company has shown continuous improvement in performance, with a focus on edge intelligence as a new growth driver [1][4]. - The automotive sector has become a stable revenue source, despite facing increased competition and longer acceptance cycles from manufacturers [2][3]. - The company's software capabilities and open ecosystem are expected to help mitigate risks and create differentiated competitive advantages [10]. Financial Performance Summary - In 2024, the company achieved revenue of 5.385 billion yuan (up 2.72% YoY), net profit attributable to shareholders of 407 million yuan (down 12.60% YoY), and net profit after deducting non-recurring gains and losses of 175 million yuan (down 48.49% YoY) [1][11]. - The fourth quarter saw significant improvements, with revenue of 1.690 billion yuan (up 23.76% YoY, up 30.67% QoQ) and net profit attributable to shareholders of 255 million yuan (up 282.76% YoY, up 436.76% QoQ) [1][2]. - The automotive, mobile, and IoT business lines generated revenues of 2.416 billion yuan (up 3.42% YoY), 1.423 billion yuan (up 0.49% YoY), and 1.545 billion yuan (up 3.73% YoY) respectively [2]. Business Segment Analysis - The company is focusing on the development of its "Drip OS" for vehicles, which integrates central computing architecture and AI applications, enhancing collaboration with industry partners [3][4]. - The edge intelligence sector is expanding into robotics, AI glasses, mixed reality, AI PCs, and innovative AI hardware, with products gradually being implemented in various industries [4][10]. - The company has established partnerships with major players like Qualcomm and Microsoft to enhance its AI ecosystem [4][10]. Profitability Forecast - The company is projected to achieve net profits of 444 million yuan, 553 million yuan, and 668 million yuan for the years 2025, 2026, and 2027 respectively, with corresponding PE ratios of 55, 44, and 36 [10][11].

创业邦100 未来独角兽 FUTURE UNICORNS 这家年轻公司的核心竞争力源于"算法+芯片"的双轮驱动模式。其核心产品是深度学习算法驱动的AI传感 芯片，目前已在OPPO、小米、荣耀等众多品牌的手机上搭载。同时极豪科技还拿到了OPPO旗下巡星资 本的投资，代表了手机主流品牌的高度认可。 极豪科技为什么能突围红海市场，实现这么快的增长速度？ "算法+芯片"，一个全新的市场 要说极豪科技，先得从创始人兼CEO陈可卿说起。 陈可卿1991年出生于浙江绍兴，高中时夺得全国信息学奥林匹克竞赛金牌，被保送至清华大学读计算 机。大二在寻找兼职的实验室研究工作时，学长唐文斌邀请可卿加入了自己创立的旷视科技。 在旷视的八年里，陈可卿深度参与Face++云端视觉平台研发，主导vivo X20、小米6等机型的人脸解锁功 能，更推动OPPO Find X成为安卓阵营首款量产3D结构光技术的手机。"市面上80%安卓机的人脸解锁背 后都有他的影子。"一位前旷视工程师坦言。 છો નૉર્ટ ક્રેસ 作为独角兽的挖掘者、创新的探路者，创业邦连续十六年颁发《创业邦100未来独角兽榜单》，致力 于发掘出一批未来1-3年有望成为独角 ...